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Over 3 Times More Green Jobs Per $1 Invested Than Fossil Fuel Or Nuclear Jobs

Reposted from Solar Love:

Just as a quick reminder, if our national goal is to create jobs, investing in clean energy is several times more effective than investing in fossil fuel or nuclear jobs.

Robert Pollin, the President of Pear Energy and a professor of economics at the University of Massachusetts-Amherst, has studied this matter in depth with the Department of Energy and the International Labour Organization. As his Pear Energy team writes:

“The basic facts are simple. When we invest, say, $1 million in building the green economy, this creates about 17 jobs within the United States. By comparison, if we continue to spend as we do on fossil fuels and nuclear energy, you create only about 5 jobs per $1 million in spending. That is, we create about 12 more jobs for every $1 million in spending — 300 percent more jobs — every time we spend on building the green economy as opposed to maintaining our dependence on dirty and dangerous oil, coal, natural gas, and nuclear power.”

For a visual representation and numbers for a variety of more specific sectors, check out this infographic:

Transit Rocks It. (Click Here To Enlarge.)

Transit & rail rock it, but solar’s not too shabby either. (Click Here To Enlarge.)

 
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Written By

Zach is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], ChargePoint [CHPT], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], Albemarle Corporation [ALB], Nouveau Monde Graphite [NMGRF], Talon Metals [TLOFF], Arclight Clean Transition Corp [ACTC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.

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